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For better or worse: Greece's bailout exit deja vu
Agoraforward. But maintaining the programme primary surplus of about 4 percent of GDP for several years may... a solution had to be found before the May 2017 Eurogroup. A compromise was reached: Greece would
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SYRIZA working on package of expansionary measures to provide political boost
PoliticsGreek Politicsrevoked, the government may try to cover their impact by offering an extra monthly pension to retirees... and European Parliament vote next May, allowing enough time for all the expansionary measures he wants
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June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
EconomyMacroeconomymillion noted in May. The aggregate figure for the first six months of the year showed that revenues... euros in June, improving from May’s deficit of 263 million. Compared to June last year, when
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Greece-Russia spat intensifies but Athens hopes worst is over
PoliticsForeign Policysuggested that there may have been a misunderstanding. It should be noted that even during... of the two diplomats by Greece. This suggests that there may be an effort by both sides to ease
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Greece on track for bumper tourism year, figures show
EconomyFeaturesthat travel receipts for May increased by 34.7 percent to 1.47 billion. In the five-month period... in May by close to 54 percent and came to 1.12 billion euros. The aggregate figure in foreign arrivals
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Effort for Greece and Albania to resolve diplomatic differences goes on back burner
PoliticsForeign Policysince the decision for accession talks with the EU may be made next June. Given that Athens cannot... powers in the two countries to create a domestic consensus. Otherwise, agreements may be reached
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General govt primary cash surplus at 1.45 bln in June as expenditure picks up
EconomyMacroeconomy, slowing slightly against the decline of 387 million noted in May, and came to 2.72 billion. Month... guarantees. Bank support remained unchanged between May and June at 350 million euros. Gg entities
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Athens taking more time to consider 2019 measures ahead of budget talks
EconomyProgrammeof the measures would aim to lighten the tax burden but there may be pressure from some government officials... to negligible amounts by this autumn, may contribute to this goal. According to the latest Finance Ministry
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Industrial production grows by 1.2 pct in June and rises by 0.5 pct in first half of the year
EconomyMacroeconomyGreece’s Industrial Production Index (IPI) rose by 1.2 percent in June after May’s growth was revised up to 1.7 percent, Hellenic Statistical Authority (ELSTAT) data revealed on Thursday. The latest... by 4.1 percent compared to May. The annual movement in the overall index was driven largely by a 7.4
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Employment balance year-to-date posts record despite more departures in July
EconomyMacroeconomythe trend of five months of positive employment balance in the Greek job market, with May showing... in May, and stood at 45.3 percent of the total. In recent months, part-time and flexible types of work
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